BVK allocates nearly $2bn to managed accounts

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Germany’s largest public pension fund with more
than $71 billion, Bayerische Versorgungskammer (BVK), is
allocating to hedge funds directly and it has selected
Man’s managed account platform to run its
investments. The German pension fund awarded Man a $1.7 billion
managed account mandate last month.

Under the agreement, BVK will start allocating funds over
the course of 2011. BVK will gain access to Man’s
managed account capabilities and the format...

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